Eldorado Resorts announces FTC clearance for pending merger with Caesars
Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed...
Service Properties Trust sells eight hotels for $45.3m
Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
Union Investment buys Barcelona hotel from Partners Group
Union Investment has acquired a hotel in Barcelona, Spain, from Partners Group, on behalf of its open-ended real estate fund Unilmmo: Europa. The hotel opened...
Davidson Kempner-led consortium buys Portuguese investment manager ECS
A consortium comprising Davidson Kempner Capital Management, Highgate and Kronos has completed the acquisition of Portuguese investment manager ECS Capital. Financial terms of the...
Redevco and SFP form €300m Iberian hotel joint venture
Redevco and Swiss Finance & Property Group (SFP Group) have formed an Iberian hotel joint venture. Following a first close, a fund managed by SFP...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT. Under...
